A new conservative nonprofit group scored a $1.6 billion windfall last year via a little-known donor Barre Seid, chair and CEO of an electrical device manufacturing company in Chicago.
A Republican financier donated 100% of the shares of his company, Tripp Lite, to the new Marble Freedom Trust before the company was sold in 2021 to power management giant Eaton for $1.65 billion, The New York Times reports. Plus, Forbes says the Cleveland Browns are the 21st most-valuable franchise in the NFL.
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